This study gauges the status of transition in the formerly centrally planned economies of Eastern Europe and Central Asia, using a broad approach that compares countries with respect to their business environment, competition, and managerial practices; and assesses transition progress at the...

This paper analyzes life satisfaction in transition countries using evidence from the World Values Survey. The paper demonstrates that individuals in transition economies on average record lower values of self-reported satisfaction with life compared with those in non-transition countries. An...

Real exchange rates in the transition region have been relatively volatile over the past two decades, with major variation across countries and over time. In most countries, there was a shift between the pre-global crisis period, when the region saw significant real appreciation of currencies,...